After steady declines in the fourth quarter of 2024, the new year started with a rise in production and modest gains in export volumes.
Syria's autonomous Kurdish-led enclave has revived an energy trade supplying oil and gas to territory controlled by the transitional government in Damascus.
Kurdistan's oil companies cemented a legal victory as the final avenue for appeal has closed.
The IOTC chief discusses exports of heavy fuel oil and Qayarah crude, and ambitions to expand Iraq's fleet of oil tankers.
Southern Iraq's largest state-run field is developing new production capacity and working to capture more associated gas.
Production and expansion work continue at key gas field after yet another attack highlights unresolved Iraqi government security failures.
Production at Iraq's largest field is still down by at least 120,000 bpd as repair crews contend with extensive damage from a Jan. 24 fire.
Parliament passed an amendment to the national budget law designed to pay oil companies in Kurdistan and unlock pipeline exports to Turkey.
Change in operator could spur new activity at the oil field, which has been offline since 2023 after a steady production decline.
Iraq's most prolific oil field temporarily lost about 120,000 bpd of production after 60 wells were taken offline in response to a storage tank fire.
A compromise measure to pay Kurdistan's oil contractors and unlock Iraq's northern oil export route has met major political opposition.
A temporary but dramatic drop in output at Iraq's most prolific oil field underscores the challenges of fighting natural reservoir decline and maintaining production.
